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Financial concerns over finding the next Lewis Hamilton

There are fears that the extortionate cost of racing will prevent the UK from finding the next Lewis Hamilton in the future. The six-time World Champion will no doubt be inspiring many to try and follow in his footsteps all the way to Formula 1, but those young drivers with a working-class background are seeing growth stunted and dreams ended by the finances involved. The Guardian reports that it costs in the region of £270,000 to £350,000 to race in the British F3 series, at least £750,000 to £1million to race in F3 and then approximately £1.5million to make the jump up F2. Derek Warwick, vice-president of the British Racing Drivers’ Club, says Formula 1 risks missing out on the...
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